Labcorp executive sells shares after option exercise
Labcorp Holdings Inc. senior vice president and chief accounting officer Peter J. Wilkinson exercised 1,338 non-qualified stock options at an exercise price of $209.25 per share, receiving 1,338 common shares.
Rhea-AI Filing Summary
Labcorp Holdings Inc. senior vice president and chief accounting officer Peter J. Wilkinson exercised 1,338 non-qualified stock options at an exercise price of $209.25 per share, receiving 1,338 common shares. On the same date he sold 1,420 common shares in open-market transactions at prices of $309.22 and $309.2311 per share. The specific option grant, issued under Labcorp's Amended and Restated 2016 Omnibus Incentive Plan, is now fully exercised.
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Insights
Analyzing...
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Wilkinson Peter J
Role
SVP, Chief Accounting Officer
Sold
1,420 shs ($439K)
Approx. gross sale proceeds
$439K
Approx. exercise cost
$280K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-qualified Stock Options F1, F2, F3 | 1,338 | $0.00 | $0.00 |
| Sale | Common Stock | 82 | $309.22 | $25K |
| Exercise | Common Stock | 1,338 | $209.25 | $280K |
| Sale | Common Stock | 1,338 | $309.2311 | $414K |
Holdings After Transaction:
Non-qualified Stock Options — 0 contracts (Direct);
Common Stock — 1,770.2194 shares (Direct)
Footnotes (3)
- F1. Employee stock option (right to buy) granted pursuant to the Labcorp Holdings Inc. Amended and Restated 2016 Omnibus Incentive Plan.
- F2. Represents amounts automatically adjusted based on the final adjustment ratio applied to equity awards in connection with the spin-off of Fortrea Holdings Inc. ("Fortrea") by Labcorp Holdings Inc. ("Labcorp"), calculated pursuant to the terms of the Employee Matters Agreement by and between Labcorp and Fortrea.
- F3. The options vested in three equal annual installments beginning on the date reflected in this column and are now fully exercisable.
Key Figures
Options exercised: 1,338 shares
Exercise price: $209.25 per share
Common shares sold: 1,338 shares
+3 more
6 metrics
Options exercised
1,338 shares
Non-qualified stock options exercised into common stock on 2026-08-03
Exercise price
$209.25 per share
Conversion or exercise price of the non-qualified stock options
Common shares sold
1,338 shares
Open-market sale at $309.2311 per share on 2026-08-03
Additional shares sold
82 shares
Open-market sale at $309.22 per share on 2026-08-03
Net shares sold
1,420 shares
Net of all buy and sell transactions reported for 2026-08-03
Option expiration date
2031-02-01
Original expiration date of the exercised non-qualified stock options
Key Terms
Non-qualified Stock Options, Amended and Restated 2016 Omnibus Incentive Plan, spin-off, Employee Matters Agreement
4 terms
Non-qualified Stock Options financial
"security_title: Non-qualified Stock Options"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
Amended and Restated 2016 Omnibus Incentive Plan financial
"granted pursuant to the Labcorp Holdings Inc. Amended and Restated 2016 Omnibus Incentive Plan"
spin-off financial
"applied to equity awards in connection with the spin-off of Fortrea Holdings Inc."
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
Employee Matters Agreement regulatory
"calculated pursuant to the terms of the Employee Matters Agreement by and between Labcorp and Fortrea"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transactions did Labcorp Holdings (LH) executive Peter J. Wilkinson report?
Peter J. Wilkinson exercised 1,338 stock options and sold 1,420 common shares on August 3, 2026. The options converted at $209.25 per share into common stock, followed by open-market sales at $309.22 and $309.2311 per share.
How many Labcorp (LH) options did Peter J. Wilkinson exercise and what was the strike price?
Wilkinson exercised 1,338 non-qualified stock options with an exercise price of $209.25 per share. The grant was issued under Labcorp's Amended and Restated 2016 Omnibus Incentive Plan and is now fully exercised, eliminating the remaining option balance from this specific award.
What does the Labcorp (LH) Form 4 indicate about Peter J. Wilkinson’s remaining option position from this grant?
The Form 4 shows 0 options remaining from this particular non-qualified stock option grant after exercising 1,338 options. The reported options had an original expiration date of February 1, 2031 and are now fully converted into common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
